Latest Joint Ventures News

Bank of Queensland reported a 4% increase in revenues to $1.668 billion for FY25, yet profits after tax fell sharply by 53% to $133 million. Despite the profit decline, the bank declared a fully franked 20 cent dividend for the full year.

Wildcat Resources has dismissed reports of selling half its Tabba Tabba Project, confirming instead that it is exploring multiple funding avenues to advance the project.

Aurora Labs has partnered with Sovereign Propulsion Systems to advance testing and commercialisation of its novel turbine engines for defence applications, marking a significant step in UAV propulsion innovation.

Falcon Metals confirms exceptional high-grade gold intercepts at its Blue Moon project, extending the renowned Bendigo Goldfield. The company accelerates exploration with new drill pads and a second rig, backed by a strong cash position.

Altair Minerals has finalized the acquisition of the Greater Oko Project in Guyana, marking the largest gold exploration landholding in the country’s history. Backed by a cornerstone investment from Resolute Holdings, Altair is poised to accelerate exploration in a highly prospective and underexplored greenstone belt.

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

DeSoto Resources has secured A$14 million to advance drilling programs in Guinea’s prolific Siguiri Basin and Australia’s Northern Territory, backed by a strategic JV with Fortuna Mining Corp. Historic high-grade gold intercepts and a strong cash position set the stage for a pivotal exploration phase.

Xstate Resources has confirmed 23 meters of net gas pay across three Permian sandstone zones in its Diona-1 well, setting the stage for upcoming flow testing that could redefine resource estimates.

Broken Hill Mines Limited reports outstanding high-grade silver-lead-zinc intercepts alongside promising gold-copper mineralisation at its Pinnacles Mine, expanding its phase 1 drilling program and targeting near-term open pit operations.

Elixir Energy has confirmed 23 meters of net gas pay across three Permian formations at its Diona-1 well in Queensland, setting the stage for flow testing and potential near-term gas production.

Catalyst Metals has received regulatory approval to build an exploration tunnel at its Four Eagles gold project in Victoria, marking a pivotal step toward underground access and resource expansion. The company is advancing its high-grade gold resource with a secured processing facility and plans for further drilling in FY26.

Ionic Rare Earths has raised $15.6 million through a heavily oversubscribed rights issue and placement, anchored by a $3 million strategic investment from U.S.-based Argentem Creek Partners. The capital will fund the company’s global expansion in magnet recycling and rare earth supply chain development amid rising geopolitical tensions.